Holiday Homes

HOLIDAY HOMES

Holiday Homes of the Bank are meant for authorised use of employees or retired
employees and their dependents duly accompanied by concerned employees/retired
employees. This facility can be availed by employees while proceeding on LFC.
This can also be utilised while on leave or holiday without LFC subject to availability
of accommodation. Employees should carry identity cards/identity letters. Duration
of stay shall be normally for 3-5 days and in any case, it should not exceed more than
10 days. Stay for part of the day is treated as one full day. Advance booking will be
made in respect of employees proceeding on LFC/Leave on first come-first served
basis. One room per family will be the critieria for allotment. In a double bed room
maximum of 4 persons (2 adults and 2 children, age limit for children being upto an
including 12 years) can be accommodated. 24 hours checkin - checkout facility is
available and part of the day is considered as full day. Employees availing LFC will
have preference over others for advance booking.

Employees have to forward the application indicating 2 or 3 convenient dates, through
the Branch. They have to remit the room rent in advance to the overseeing office to
SL Accounts Payable-Holiday Home Rent Account. It is advisable to proceed only
after receipt of confirmation from the overseeing branch/office.

Employees proceeding to Holiday Home without reservation may pay the rent by way
of their personal cheque/DD favouring “CANARA BANK A/C HOLIDAY HOME” for
payment of rent.

Retired employees who wish to avail the facility should produce a certificate from the
branch where she/he is enjoying preferential rate of interest on deposit/or maintaining
his/her accounts to the effect that he/she is a retired employee of our Bank. He may
also carry Identity Card issued by the bank upon retirement for identity.

Employees on LFC can book Holiday Homes 3 months in advance and employees
on leave/holiday without LFC and ex-employees retired on superannuation can book
the holiday homes one month in advance.

This facility has also been extended to ex-employees retired under VRS/SVRS 2000
and their dependents (Ref. HO Memo 9/2005).

RENTAL STRUCTURE

(i) For employees and dependents eligible for reimbursement under LFC
rules:

The rental structure of Holiday Homes has been rationalised w.e.f. 1st April,
2003 and under:

(a) Rs. 30/- for individual per day.

(b) Rs. 50/- per family per day per room provided with upto two beds.

(c) Rs. 60/- per family per day per room provided with more than two beds.

(ii) For dependents / close relatives not eligible for reimbursement under LFC
rules:

(a) In respect of Holiday Homes housed in bank’s own buildings, 2 times the
rentals applicable to employees.

(b) In respect of Holiday Homes housed in leased outfits, 2 times the rentals
applicable to employees, or actual paid whichever is higher.

(c) In respect of Holiday Homes housed in hotels/YMCA, the actuals paid by
the bank.

Situated above Canara Bank Paharganj Branch near to
Hotel Hocks.1½ Kms from New Delhi Railway Station i.e, from Paharganj side
of the Station on the Shiela
Cinema Road & before Paharganj Police
Station Red Signal.